=+The comparative balance sheet of Lim Garden Supplies Inc. for December 31, 2010 and 2011, is as follows:

Dec. 31, 2011 Dec. 31, 2010 Assets Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 220,640 $ 227,700 Accounts receivable (net). . . . . . . . . . . . . . . . . . . . 330,880 304,800 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 464,800 454,600 Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 144,000 Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 320,000 0 Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 408,000 328,000 Accumulated depreciation . . . . . . . . . . . . . . . . . . . (160,500) (122,800) ___________ ___________ ___________ ___________